PNB’s Holiday Loan Offers: The festive season in the country begins as soon as the month of September begins. Banks and businesses use a variety of incentives in order to enhance sales. PNB has also made proposals for several types of loans in this episode.
PNB Festive Loan Offers: New Delhi This information is only for those who are considering taking out a home loan, a car loan, or a personal loan. Punjab National Bank (PNB), the country’s second-largest bank, has flooded the market with loan offers during the Christmas season.
On all loans, the service charge is waived.
On all retail loans, PNB has waived a number of fees. Processing fees will not be imposed on items such as home loans, auto loans, personal loans, property loans, pension loans, and gold loans, according to the bank. In addition, service and documentation fees have been waived on all of these loans.
Personal loan with the lowest interest rate
Personal Loans are available from Punjab National Bank at an interest rate of 8.95 percent. According to PNB, its personal loan is the most affordable in the industry. PNB is currently giving a 6.8% interest rate on home loans and a 7.15 percent interest rate on car loans. Festival Bonanza Offer is the name given to it by Punjab National Bank.
Offers are till 31st December
Aside from that, the bank has made revolving credit on a home loan attractive, with low-interest rates. All of these deals are valid until December 31, 2021. Customers can learn about these offers by using the bank’s online services or by visiting the bank’s branch. PNB expressed the hope that customers will spend more during the holiday season, which will help the bank’s credit portfolio.
PNB has slashed its savings account interest rates.
Give a helping hand, take a helping hand. The interest rates on savings accounts at Punjab National Bank have been decreased as of September 1st. PNB has lowered its savings account interest rates from 3% to 2.90 percent per year. PNB’s decision will have an impact on both new and existing clients.
PNB is not the only bank to lower savings account interest rates; earlier this year, the country’s largest bank, SBI, did so as well. Savings account interest rates have been cut by SBI to 2.70 percent per year. SBI and PNB are the country’s largest and second-largest banks, respectively, however they lag behind other banks in terms of saving account interest payments.